SOFRECO provided assistance to VTM for the supervision of the Lao Cai Cast Iron and Steel Plant Project including: a sintering plant, a blast furnace, a steel plant and ancillary installations.
SOFRECO estimated the investment cost of the Lao Cai steel plant project.
Installations included storage and handling, a sintering plant (capacity 860 000t/year), a blast furnace (capacity 530 000 t/year), a steel plant (continuous casting, capacity 500 000 t/year), auxiliary equipment (including the production of oxygen and nitrogen, capacity 10 000 m3/h), and a supply plant 110 kV/10kV/100 MVA.
SOFRECO realized an assessment of the laboratory’s capacities in terms of mineral and chemical analysis, geophysics and topography, human resources, organization and operations and equipment.
The work aimed to strengthen the laboratory’s operational capacities and train its staff and prepare a feasibility study of the installation of a mineral pilot treatment centre within BUMIGEB.
Proposal of privatisation strategies and/or definition of prior restructuring of 12 Affiliate Companies of the Metallurgical Industries Holding Co. (MIHC) and provision of advice and support to the MIHC in implementing the privatisation of 9 affiliate companies.
The sectors targeted were steel, aluminium, ferro-alloys, non-ferrous metals, metallic construction, mining, glass and refractories, railway stock, and river transport..